Thus, The Use Of Fiat Money Is

The Hope For The Twentieth Century Rests On Recognition That War And Depression Are Man-made, And Needless. They Can Be Avoided In The Future By Turning From The Nineteenth-century Characteristics Just Mentioned (materialism, Selfishness, False Values, Hypocrisy, And Secret Vices) And Going Back To Other Characteristics That Our Western Society Has Always Regarded As Virtues: Generosity, Compassion, Cooperation, Rationality, And Foresight, And Finding A Increased Role In Human Life For Love, Spirituality, Charity, And Self Discipline.

The Backwardness Of Our Religious And Social Developments Is Undoubtedly Holding Back The Development Of The Intellectual And Political Levels.

On This Basis, Which Was Originally Financial And Goes Back To George Peabody, There Grew Up In The Twentieth Century A Power Structure Between London And New York Which Penetrated Deeply Into University Life, The Press, And The Practice Of Foreign Policy.

The Powers Of Financial Capitalism Had A Far-reaching Aim, Nothing Less Than To Create A World System Of Financial Control In Private Hands Able To Dominate The Political System Of Each Country And The Economy Of The World As A Whole. This System Was To Be Controlled In A Feudalist Fashion By The Central Banks Of The World Acting In Concert, By Secret Agreements Arrived At In Frequent Meetings And Conferences.

Each Central Banksought To Dominate Its Government By Its Ability To Control Treasury Loans, To Manipulate Foreign Exchanges, To Influence The Level Of Economic Activity In The Country, And To Influence Cooperative Politicians By Subsequent Economic Rewards In The Business World.